OPEC+ Works Silently to Repair Crack at Oil Coalition’s Core
- Delegates see positive signs after diplomatic push on Tuesday
- The UAE is asserting greater independence within the group
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After failed talks exposed a dangerous fissure at the alliance’s core, OPEC and its partners are quietly working to repair the damage.
Key players in the 23-nation alliance are making diplomatic efforts to resolve a dispute -- centered around Saudi Arabia and the United Arab Emirates -- over how much crude to pump in the new year. They need to thrash out a compromise before ministers gather on Thursday, at a meeting that’s been postponed because of the impasse.